Can a Non Resident Individual submit form 15G.

His Income liable to tax is below exemption limit.

Kindly suggest.

Thanking you.

(1) When Invoice is raised in USD, the entry will be:

USD @ 60
USD INR
Dr. Debtor 1,000 60,000
Cr. Sales 1,000 60,000

(2) On receipt of the amount, the entry will be: USD @ 62

USD INR
Dr. Bank 1,000 62,000
Cr. Debtors 1,000 60,000
Cr. Forex Gain (Realised) - 2,000


Is it correct to recognize the Gain as realised Gain?

if house property is let out for more than 300 days then it is not considered assets for wealth tax purpose. then why we calculate the value of house property which is let out under the wealth tax act. please advise!

i hv received intimation u/s 200a demanding intrest on late payment & late filing fee now i hv paid as per demanding notice by challan 281. my question is, what should i do now? do i reqire to deposit challan to IT Department? Thanks.

1. I was appoint a Auditor in First Board Meeting of the New Company for the fy 2013-14 , can required form 23B submit to MCA. if yes which form as per New Companies Act & Rules 2013. 2. And also appoint Auditor in another company in AGM can required to submit the Form 23B.

Hello,
I Sold A Property recently which was purchased by me from a builder firstly through agreement to purchase and then through purchase deed. now when i calculate capital gain on my sale, if i consider purchase date as per agreement of purchase deed, long term capital gain is applicable and if date is considered as per purchase deed short term capital gain is applicable, which purchase date i should consider and and which legal act is applicable for the same?

On what value the TDS is deducted (Basic /Gross) ???
other than Renting.

I have Query in income tax,
ABC Ltd. is manufacturer of Durries and B company is supplier. ABC ltd. Received a Bill from B company for supply of Purchase in following details of Goods :-

Item Nos. Rate Amount
1.Durries Nos10000 @120 1200000.00
Fast Working @ 20/- 200000.00
Total Bill Amount 1400000.00

Now Query is amount charged for fast working by buyer is treated as cost of purchase or extra Incentive?
If Extra Incentive treated TDS will applicable on such amount ?

any compensation received by divorce women by her former husband is it taxable? if taxable what is the tax rate at which it is taxable?

Dear sir,

I started my articleship from 27.12.2012 and cleared my Group II in Nov 2013.

Considering my date of joining as an article assistant, my CA-Final attempt falls due in Nov 2015.

I haven't yet registered for CA-Final.

I am planning to get registered in August 2014.

Will this cause postponment of my CA-Final attempt?

By what time before my attempt am I supposed to get registered for CA-Final?

Please guide.